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Lloyds to close 136 branches in UK amid digital banking shift

by Index Investing News
January 29, 2025
in Financial
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Lloyds Banking Group will shut 136 branches in the UK to match clients’ transition to digital banking however is not going to minimize jobs, the lender mentioned on Wednesday.

Lloyds shut a number of branches previously few years throughout England and a few in Wales, after the COVID-19 pandemic led customers to change to cellular banking.

The closures is not going to end in job reductions, Lloyds mentioned, including that the affected personnel shall be supplied a task at one other department or a part of its enterprise. The retail financial institution mentioned it will shut 61 Lloyds branches together with 61 Halifax and 14 Financial institution of Scotland websites between Might 2025 and March 2026.



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